Integrated Business
Systems and Services, Inc. Lists on VSE
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Effective at the opening this morning Integrated Business
Systems and Services, Inc. was posted and called for trading on the Vancouver Stock
Exchange. The company is classified as a "Venture" company and trades under the
symbol "IBS".
Based in Columbia, South Carolina, Integrated Business Systems is engaged in the business
of providing computer technology products and services to industrial manufacturers and
on-line transaction processing businesses primarily in the US.
Integrated Business Systems has completed its initial distribution of shares to the public
for total gross proceeds of $2,500,000 (2,500,000 shares at $1.00 per share). The company
has granted a Greenshoe Option entitling the agent to purchase up to 15 percent of the
offering shares at a price of $1.00 up to the close of business on January 27, 1998.
The company's capitalization is 100 million common shares with no par value of which
7,550,000 common shares are currently issued and outstanding (including 3,600,000 shares
in escrow). Pacific Corporate Trust Company is the transfer agent and Wolverton Securities
Ltd. is the sponsoring member.
For further information, please refer to the company's Prospectus dated October 6, 1997.
INTEGRATED BUSINESS SYSTEMS AND
SERVICES, INC.
Harry P. Langley, President
Suite 128, 115 Atrium Way
Columbia, South Carolina 29223
Phone: (803) 736-5595 |
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